ACORD-ML-XML
ACORD XML schemas for life and mortgage products.
Definition
ACORD ML XML builds on the OLifE (Object Life Exchange) specification defining Party, Holding, Coverage, Policy classes. It supports full submission of a life-and-mortgage underwriting case between BGA (Brokerage General Agency) and carrier.
Origin
Published by ACORD under the OLifE Working Group.
Example in context
<TXLifeRequest><TXLifeRequest><TXType>103</TXType>...</TXLifeRequest></TXLifeRequest> — pull policy data.
Related terms
- ACORD AL3 — predecessor flat format.